HURO: what changed
What changed
HURO
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
-€185,654
2024 · €194,139-€379,793
Equity
€465,515
2024 · €651,169-€185,654
Cash
€135,818
2024 · €100,073+€35,745
Balance sheet total
€5.7m
2024 · €5.9m-€232,150
Largest movements
Assets
- Receivables within one year -€143,180
down €143,180 (-14.7%), from €971,958 to €828,779
of which Trade receivables: -€74,752
- Tangible fixed assets -€116,261
down €116,261 (-12.2%), from €956,023 to €839,761
of which Furniture and vehicles: -€74,041
Equity and liabilities
- Trade debts +€464,444
up €464,444 (+38.1%), from €1.2m to €1.7m
- Advances received -€300,000
down €300,000 (-100%), from €300,000 to €0
- Debts after one year -€199,317
down €199,317 (-6.6%), from €3.0m to €2.8m
of which Financial debts: -€199,317
- Reserves -€185,654
down €185,654 (-31.7%), from €586,169 to €400,515
of which Distributable reserves: -€185,654
Income statement
- Gross operating margin -€412,156
down €412,156 (-11.6%), from €3.5m to €3.1m
- Taxes -€76,020
down €76,020 (-98.2%), from €77,447 to €1,426
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€194,139
Gross operating margin
-€412,156
Staff costs
-€9,470
Depreciation
-€12,772
Other operating charges
-€12,868
Financial income
+€64
Financial charges
-€8,610
Taxes
+€76,020
Result 2025
-€185,654
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€235,518
Investment
-€7,324
Financing
-€192,448
Cash 2024
€100,073
From operations (derived)
+€235,518
Net result for the year
-€185,654
Depreciation
+€123,507
Stocks and contracts
+€19,656
Receivables within one year
+€143,180
Deferred charges and accrued income
-€11,124
Trade debts
+€464,444
Tax, wage and social debts
-€9,328
Advances received
-€300,000
Other debts
+€80
Accrued charges and deferred income
-€9,244
Investment (derived)
-€7,324
Investment in fixed assets (net)
-€7,324
Financing
-€192,448
Debts after one year
-€199,317
Current portion of long-term debt
+€6,869
Cash 2025
€135,818
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,917,286 | €5,685,136 | -€232,150 | -3.9% |
| Fixed assets | 21/28 | €958,219 | €842,036 | -€116,183 | -12.1% |
| Tangible fixed assets | 22/27 | €956,023 | €839,761 | -€116,261 | -12.2% |
| Land and buildings | 22 | €647,569 | €625,379 | -€22,191 | -3.4% |
| Plant, machinery and equipment | 23 | €99,585 | €86,933 | -€12,652 | -12.7% |
| Furniture and vehicles | 24 | €190,612 | €116,570 | -€74,041 | -38.8% |
| Leasing and similar rights | 25 | €18,257 | €10,880 | -€7,377 | -40.4% |
| Financial fixed assets | 28 | €2,197 | €2,275 | +€78 | +3.6% |
| Current assets | 29/58 | €4,959,066 | €4,843,100 | -€115,967 | -2.3% |
| Stocks and contracts in progress | 3 | €3,883,290 | €3,863,634 | -€19,656 | -0.5% |
| Stocks | 30/36 | €3,840,052 | €3,820,435 | -€19,617 | -0.5% |
| Contracts in progress | 37 | €43,238 | €43,200 | -€39 | -0.1% |
| Amounts receivable within one year | 40/41 | €971,958 | €828,779 | -€143,180 | -14.7% |
| Trade receivables | 40 | €753,641 | €678,889 | -€74,752 | -9.9% |
| Other amounts receivable | 41 | €218,317 | €149,889 | -€68,428 | -31.3% |
| Cash at bank and in hand | 54/58 | €100,073 | €135,818 | +€35,745 | +35.7% |
| Deferred charges and accrued income | 490/1 | €3,745 | €14,869 | +€11,124 | +297% |
| Total equity and liabilities | 10/49 | €5,917,286 | €5,685,136 | -€232,150 | -3.9% |
| Equity | 10/15 | €651,169 | €465,515 | -€185,654 | -28.5% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €586,169 | €400,515 | -€185,654 | -31.7% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €579,669 | €394,015 | -€185,654 | -32.0% |
| Amounts payable | 17/49 | €5,266,117 | €5,219,621 | -€46,496 | -0.9% |
| Amounts payable after more than one year | 17 | €3,009,747 | €2,810,430 | -€199,317 | -6.6% |
| Financial debts | 170/4 | €3,009,747 | €2,810,430 | -€199,317 | -6.6% |
| Trade debts | 175 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,247,126 | €2,409,191 | +€162,065 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €192,448 | €199,317 | +€6,869 | +3.6% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €1,219,045 | €1,683,489 | +€464,444 | +38.1% |
| Suppliers | 440/4 | €1,219,045 | €1,683,489 | +€464,444 | +38.1% |
| Advances received on contracts in progress | 46 | €300,000 | €0 | -€300,000 | -100% |
| Taxes, remuneration and social security | 45 | €409,133 | €399,805 | -€9,328 | -2.3% |
| Taxes | 450/3 | €93,352 | €98,651 | +€5,300 | +5.7% |
| Remuneration and social security | 454/9 | €315,781 | €301,154 | -€14,627 | -4.6% |
| Other amounts payable | 47/48 | €1,500 | €1,580 | +€80 | +5.3% |
| Accrued charges and deferred income | 492/3 | €9,244 | €0 | -€9,244 | -100% |
| Non-recurring operating income | 76A | - | €10,055 | +€10,055 | |
| Remuneration, social security and pensions | 62 | €2,893,119 | €2,902,589 | +€9,470 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,735 | €123,507 | +€12,772 | +11.5% |
| Other operating charges | 640/8 | €34,124 | €46,992 | +€12,868 | +37.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €3,548,058 | €3,135,901 | -€412,156 | -11.6% |
| Operating profit (loss) | 9901 | €510,079 | €62,812 | -€447,267 | -87.7% |
| Financial income | 75/76B | €1 | €65 | +€64 | +6,528% |
| Recurring financial income | 75 | €1 | €65 | +€64 | +6,528% |
| Financial charges | 65/66B | €238,495 | €247,105 | +€8,610 | +3.6% |
| Recurring financial charges | 65 | €238,495 | €247,105 | +€8,610 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €271,585 | -€184,228 | -€455,813 | |
| Income taxes | 67/77 | €77,447 | €1,426 | -€76,020 | -98.2% |
| Profit (loss) for the period | 9904 | €194,139 | -€185,654 | -€379,793 | |
| Profit (loss) for the period to be appropriated | 9905 | €194,139 | -€185,654 | -€379,793 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.